You Should Know These Things About Autohome Inc. (ATHM)

At the last check on Friday, Autohome Inc.’s (NYSE:ATHM) stock was up $1.07, moving up 3.70 percent to $29.97. The average number of shares traded per day over the past five days has been 627,433 shares. 2 times new highs have been achieved over the past 5 days, with a $0.83 gain in that time frame. In the last twenty days, the average volume was 414,373, while in the previous 50 days, it was 369,713.

Since last month, ATHM stock retreated -3.82%. Shares of the company fell to $28.34 on 08/25/23, the lowest level in the past month. A 52-week high of $38.91 was reached on 01/20/23 after having rallying from a 52-week low of $23.66. Since the beginning of this year, ATHM’s stock price has dropped by -2.06% or -$0.77, and marked a new high 7 times. However, the stock has declined by -22.98% since its 52-week high.

Top 5 AI Stocks to Buy for 2023

The artificial intelligence (AI) revolution is already here. And it's about to change everything we know about everything. According to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. And investors like you always want to get in on the hottest stocks of tomorrow. Here are five of the best ways to profit from the AI boom.

Click Here to Download the FREE Report.

Sponsored

Valuation Metrics

Right now, Autohome Inc. (ATHM) has a P/E ratio of about 13.79. The stock’s beta is 0.25. Besides these, the trailing price-to-sales (P/S) ratio of 4.07, the price-to-book (PB) ratio of 1.10, and the price-to-cash flow ratio of 9.22 may also be considered.

The latest dividend of $0.58 per share was paid out, which is 9.43% more than last year’s $0.53. On Thursday February 16 2023, a $0.05 dividend increase was announced.

Financial Health

In the three months ended June 29, Autohome Inc.’s quick ratio stood at 5.70, while its current ratio was 5.70, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 80.70% percent. In the year ended June 29, operating margins totaled 14.50%. Based on annual data, ATHM earned $827.24 million in gross profit and brought in $1.01 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 4.30%. Return on equity (ROE) for the past 12 months was 8.20%.

According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. ATHM’s revenue fell -12.85% during the quarter, while net income inched up to $1.01 billion. While analysts expected Autohome Inc. to report $0.5 quarterly earnings, the actual figure was $0.63 per share, beating the consensus estimate by 26.00%. During the quarter, the company generated $47.1 million in EBITDA. The liabilities of Autohome Inc. were 925.3 million at the end of its most recent quarter ended June 29, and its total debt was $98.21 million.

Technical Picture

This quick technical analysis looks at Autohome Inc.’s (ATHM) price momentum. With a historical volatility rate of 28.76%, the RSI 9-day stood at 51.14% on 31 August.

With respect to its five-day moving average, the current Autohome Inc. price is up by +2.86% percent or $0.83. At present, ATHM shares trade -3.49% below its 20-day simple moving average and -1.87% percent below its 100-day simple moving average. However, the stock is currently trading approximately +2.09% above its SMA50 and -1.00% below its SMA200.

Stochastic coefficient K was 37.22% and Stochastic coefficient D was 36.93%, while ATR was 1.05. Given the Stochastic reading of 57.98% for the 14-day period, the RSI (14) reading has been calculated as 49.43%. As of today, the MACD Oscillator reading stands at -0.12, while the 14-day reading stands at -0.37.

Most Popular

Related Posts